Cango Inc (CANG) — Working Capital to Net Assets Ratio
Cango Inc (CANG) has a Working Capital to Net Assets ratio of 177.9% as of March 2026. Working capital of $4.94 Billion (current assets of $4.94 Billion minus current liabilities of $4.01 Million) is measured against net assets of $2.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CANG net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cango Inc Working Capital to Net Assets (2016–2025)
This chart shows how Cango Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 177.9%, reflecting working capital of $4.94 Billion against net assets of $2.78 Billion USD. Check CANG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cango Inc (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cango Inc from 2016 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Cango Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 177.9% | $4.94 Billion | $2.78 Billion | $4.94 Billion | $4.01 Million | ▲ +138.2 pp |
| 2024 | 39.7% | $1.62 Billion | $4.09 Billion | $3.46 Billion | $1.83 Billion | ▼ -41.7 pp |
| 2023 | 81.4% | $3.11 Billion | $3.82 Billion | $3.88 Billion | $777.74 Million | ▲ +13.4 pp |
| 2022 | 68.0% | $2.94 Billion | $4.32 Billion | $5.47 Billion | $2.53 Billion | ▲ +8.1 pp |
| 2021 | 59.9% | $4.19 Billion | $6.99 Billion | $7.61 Billion | $3.42 Billion | ▼ -17.0 pp |
| 2020 | 76.9% | $6.44 Billion | $8.38 Billion | $8.90 Billion | $2.46 Billion | ▲ +29.0 pp |
| 2019 | 47.9% | $2.63 Billion | $5.49 Billion | $5.54 Billion | $2.91 Billion | ▼ -12.8 pp |
| 2018 | 60.7% | $3.19 Billion | $5.26 Billion | $4.75 Billion | $1.57 Billion | ▲ +82.4 pp |
| 2017 | -21.7% | $581.95 Million | $-2.68 Billion | $1.11 Billion | $526.30 Million | ▼ -21.3 pp |
| 2016 | -0.4% | $15.18 Million | $-3.73 Billion | $302.05 Million | $286.87 Million | — |